NAIROBI, Kenya (AP) — British Prime Minister Theresa May on Thursday became the first UK leader to visit Kenya in 30 years, bringing security and development funding to East Africa’s commercial hub and neighboring Somalia as Britain seeks to boost economic ties ahead of a bumpy exit from the European Union in March.
Salesforce gives weaker-than-expected outlook
U.S. stocks fell slightly on Thursday, in what represented a fractional retreat after a multiday rally that took indexes to repeated records.
U.S. consumer spending rose a solid 0.4 per cent in July, the sixth straight month of healthy gains. At the same time, a key gauge of inflation posted its sharpest annual gain in six years, likely keeping the Federal Reserve on track to keep raising interest rates gradually.
BANGKOK (Reuters) – Pimpa Panlao, 31, is struggling to pay off an 80,000 baht ($2,440) bank loan and spends a third of her income from selling women’s accessories at a Bangkok market to repay the loan.
“Business is bad and it’s very tough when you have debt,” Pimpa told Reuters, who used part of the loan to finance her business. She is not alone.
South Korea is set to ban the sale of coffee in schools in an effort to promote healthier choices among pupils and teachers.
All vending machines and snack kiosks in primary and secondary schools will stop selling all coffee products by 14 September, according to the Ministry of Food and Drug Safety.
Vodafone’s Australian operations will become part of a new telecoms giant.
Under a A$15bn ($11bn; £8bn) merger Vodafone Hutchison Australia and TPG Telecom will create a mobile, fixed-line and broadband provider with the scale to rival Telstra and Optus.
With construction continuing to boom, the state’s construction companies are continuing to struggle to find enough people to do the work.
According to the 2018 Workforce Survey released Wednesday by the Associated General Contractors of America, 85 percent of Nebraska construction firms reported difficulty in finding hourly craftspeople, the same number as last year.
Some foreign airlines have already started charging for carry-on bags to reduce boarding delays
Buckle up: Now that Air Canada and WestJet have hiked their checked bag fees for economy fares, some airline experts predict charges for carry-on luggage could be next.
“It’s only a matter of time,” said airline analyst, Fred Lazar. He believes higher checked bag fees will inspire even more people to stuff all their luggage into carry-on bags, prompting the two airlines to introduce carry-on charges to help stem the tide.
[THE INVESTOR] E-mart’s third-quarter earnings should be approached conservatively, said Hanwha Investment and Securities on Aug. 30 while maintaining a “buy” recommendation and 300,000 won (US$270.76) target price.
U.S. equities were mixed following losses in Europe and Asia as traders weighed geopolitical concerns with data showing a strong U.S. economy. The dollar rallied as consumer-spending and inflation figures signaled policy makers can keep raising interest rates.
Social Security Benefit Cuts Are an Estimated 8 Years Away — Is Immigration to Blame?
Apple Intelligence is busted on Meta’s iOS apps
Infosys ADR drops over 4% on NYSE after IT major’s net profit tanks amid global uncertainty on Trump tariffs
Uber Technologies’ (NYSE:UBER) Returns On Capital Are Heading Higher
Trump wants to fire Fed Chair Powell. Kevin Warsh may be the one to replace him
Rally in US stocks evaporates as White House doubles down on China tariffs
As tariffs darken the economic outlook, Trump sizes up Powell as a scapegoat
Mortgage rates climb to highest level in two months as Trump’s tariffs continue to rock markets
Retail sales surged in March led by autos as consumers looked to beat tariffs
UK inflation slows to cooler-than-expected 2.6% in March
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